DTE ENERGY COMPANY (DTE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DTE - US2333311072 - Common Stock
127.64 USD
-2.26 (-1.74%)
127.64 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to DTE. DTE was compared to 26 industry peers in the Multi-Utilities industry. DTE has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, DTE is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year DTE was profitable.
In the past year DTE had a positive cash flow from operations.
DTE had positive earnings in each of the past 5 years.
DTE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DTE's Return On Assets of 2.66% is in line compared to the rest of the industry. DTE outperforms 42.31% of its industry peers.
The Return On Equity of DTE (11.37%) is better than 61.54% of its industry peers.
DTE has a better Return On Invested Capital (4.19%) than 65.38% of its industry peers.
DTE had an Average Return On Invested Capital over the past 3 years of 4.42%. This is in line with the industry average of 3.94%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 11.37% | ||
| ROIC | 4.19% |
ROA(3y)2.84%
ROA(5y)2.76%
ROE(3y)11.66%
ROE(5y)11.27%
ROIC(3y)4.42%
ROIC(5y)4.29%
1.3 Margins
Looking at the Profit Margin, with a value of 9.32%, DTE is doing worse than 80.77% of the companies in the same industry.
DTE's Profit Margin has improved in the last couple of years.
DTE has a Operating Margin of 15.53%. This is amonst the worse of the industry: DTE underperforms 96.15% of its industry peers.
In the last couple of years the Operating Margin of DTE has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.53% | ||
| PM (TTM) | 9.32% | ||
| GM | N/A |
OM growth 3Y18.54%
OM growth 5Y4.53%
PM growth 3Y22.97%
PM growth 5Y4.07%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
DTE has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, DTE has more shares outstanding
DTE has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, DTE has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.99, we must say that DTE is in the distress zone and has some risk of bankruptcy.
DTE has a better Altman-Z score (0.99) than 73.08% of its industry peers.
A Debt/Equity ratio of 2.03 is on the high side and indicates that DTE has dependencies on debt financing.
DTE has a worse Debt to Equity ratio (2.03) than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.99 |
ROIC/WACC0.65
WACC6.41%
2.3 Liquidity
A Current Ratio of 1.15 indicates that DTE should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.15, DTE is doing good in the industry, outperforming 69.23% of the companies in the same industry.
A Quick Ratio of 0.68 indicates that DTE may have some problems paying its short term obligations.
DTE has a Quick ratio (0.68) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
DTE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.96%.
Measured over the past 5 years, DTE shows a small growth in Earnings Per Share. The EPS has been growing by 1.63% on average per year.
The Revenue has grown by 19.39% in the past year. This is quite good.
DTE shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.34% yearly.
EPS 1Y (TTM)-0.96%
EPS 3Y-0.39%
EPS 5Y1.63%
EPS Q2Q%1.35%
Revenue 1Y (TTM)19.39%
Revenue growth 3Y-5.93%
Revenue growth 5Y-0.34%
Sales Q2Q%21.37%
3.2 Future
Based on estimates for the next years, DTE will show a small growth in Earnings Per Share. The EPS will grow by 7.49% on average per year.
DTE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.55% yearly.
EPS Next Y6.79%
EPS Next 2Y6.96%
EPS Next 3Y7.22%
EPS Next 5Y7.49%
Revenue Next Year5.64%
Revenue Next 2Y5.15%
Revenue Next 3Y4.88%
Revenue Next 5Y4.55%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.68 indicates a rather expensive valuation of DTE.
The rest of the industry has a similar Price/Earnings ratio as DTE.
Compared to an average S&P500 Price/Earnings ratio of 26.38, DTE is valued a bit cheaper.
With a Price/Forward Earnings ratio of 16.34, DTE is valued correctly.
DTE's Price/Forward Earnings is on the same level as the industry average.
DTE is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.83, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.68 | ||
| Fwd PE | 16.34 |
4.2 Price Multiples
DTE's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. DTE is more expensive than 65.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.47 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DTE does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.6
PEG (5Y)10.85
EPS Next 2Y6.96%
EPS Next 3Y7.22%
5. Dividend
5.1 Amount
DTE has a Yearly Dividend Yield of 3.59%.
DTE's Dividend Yield is a higher than the industry average which is at 3.57.
Compared to an average S&P500 Dividend Yield of 1.87, DTE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
5.2 History
The dividend of DTE has a limited annual growth rate of 1.15%.
DTE has paid a dividend for at least 10 years, which is a reliable track record.
DTE has decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.15%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
DTE pays out 61.94% of its income as dividend. This is not a sustainable payout ratio.
The dividend of DTE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP61.94%
EPS Next 2Y6.96%
EPS Next 3Y7.22%
127.64
-2.26 (-1.74%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryMulti-Utilities
Earnings (Last)
Earnings (Next)
Inst Owners80.8%
Inst Owner Change-0.67%
Ins Owners0.35%
Ins Owner Change1.21%
Market Cap26.51B
Revenue(TTM)14.82B
Net Income(TTM)1.38B
Analysts74.78
Price Target150.51 (17.92%)
Short Float %1.87%
Short Ratio2.78
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
Yearly Dividend3.92
Dividend Growth(5Y)1.15%
DP61.94%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.87%
Min EPS beat(2)-4.01%
Max EPS beat(2)5.75%
EPS beat(4)3
Avg EPS beat(4)2.57%
Min EPS beat(4)-4.01%
Max EPS beat(4)5.75%
EPS beat(8)5
Avg EPS beat(8)4.87%
EPS beat(12)8
Avg EPS beat(12)3.46%
EPS beat(16)11
Avg EPS beat(16)3.88%
Revenue beat(2)2
Avg Revenue beat(2)14.79%
Min Revenue beat(2)7.86%
Max Revenue beat(2)21.72%
Revenue beat(4)4
Avg Revenue beat(4)15.1%
Min Revenue beat(4)2.69%
Max Revenue beat(4)28.14%
Revenue beat(8)5
Avg Revenue beat(8)0.7%
Revenue beat(12)6
Avg Revenue beat(12)-3.1%
Revenue beat(16)10
Avg Revenue beat(16)7.81%
PT rev (1m)-0.36%
PT rev (3m)2.56%
EPS NQ rev (1m)-3.52%
EPS NQ rev (3m)-4.68%
EPS NY rev (1m)0.1%
EPS NY rev (3m)0.03%
Revenue NQ rev (1m)6.27%
Revenue NQ rev (3m)3.84%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.68 | ||
| Fwd PE | 16.34 | ||
| P/S | 1.79 | ||
| P/FCF | N/A | ||
| P/OCF | 7.69 | ||
| P/B | 2.18 | ||
| P/tB | 2.66 | ||
| EV/EBITDA | 12.47 |
EPS(TTM)7.22
EY5.66%
EPS(NY)7.81
Fwd EY6.12%
FCF(TTM)-4.18
FCFYN/A
OCF(TTM)16.59
OCFY13%
SpS71.37
BVpS58.54
TBVpS48.03
PEG (NY)2.6
PEG (5Y)10.85
Graham Number97.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.66% | ||
| ROE | 11.37% | ||
| ROCE | 4.72% | ||
| ROIC | 4.19% | ||
| ROICexc | 4.2% | ||
| ROICexgc | 4.39% | ||
| OM | 15.53% | ||
| PM (TTM) | 9.32% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)2.84%
ROA(5y)2.76%
ROE(3y)11.66%
ROE(5y)11.27%
ROIC(3y)4.42%
ROIC(5y)4.29%
ROICexc(3y)4.42%
ROICexc(5y)4.3%
ROICexgc(3y)4.67%
ROICexgc(5y)4.61%
ROCE(3y)5.1%
ROCE(5y)4.92%
ROICexgc growth 3Y1.26%
ROICexgc growth 5Y-0.35%
ROICexc growth 3Y1.83%
ROICexc growth 5Y1.34%
OM growth 3Y18.54%
OM growth 5Y4.53%
PM growth 3Y22.97%
PM growth 5Y4.07%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.01 | ||
| Cap/Depr | 238.16% | ||
| Cap/Sales | 29.1% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 0.99 |
F-Score5
WACC6.41%
ROIC/WACC0.65
Cap/Depr(3y)244.33%
Cap/Depr(5y)251.76%
Cap/Sales(3y)28.1%
Cap/Sales(5y)28.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-0.96%
EPS 3Y-0.39%
EPS 5Y1.63%
EPS Q2Q%1.35%
EPS Next Y6.79%
EPS Next 2Y6.96%
EPS Next 3Y7.22%
EPS Next 5Y7.49%
Revenue 1Y (TTM)19.39%
Revenue growth 3Y-5.93%
Revenue growth 5Y-0.34%
Sales Q2Q%21.37%
Revenue Next Year5.64%
Revenue Next 2Y5.15%
Revenue Next 3Y4.88%
Revenue Next 5Y4.55%
EBIT growth 1Y3.79%
EBIT growth 3Y11.52%
EBIT growth 5Y4.18%
EBIT Next Year92.99%
EBIT Next 3Y31.73%
EBIT Next 5Y22.72%
FCF growth 1Y-1.64%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y17.18%
OCF growth 3Y5.9%
OCF growth 5Y6.58%
DTE ENERGY COMPANY / DTE FAQ
What is the ChartMill fundamental rating of DTE ENERGY COMPANY (DTE) stock?
ChartMill assigns a fundamental rating of 4 / 10 to DTE.
What is the valuation status for DTE stock?
ChartMill assigns a valuation rating of 2 / 10 to DTE ENERGY COMPANY (DTE). This can be considered as Overvalued.
Can you provide the profitability details for DTE ENERGY COMPANY?
DTE ENERGY COMPANY (DTE) has a profitability rating of 5 / 10.
How financially healthy is DTE ENERGY COMPANY?
The financial health rating of DTE ENERGY COMPANY (DTE) is 2 / 10.
How sustainable is the dividend of DTE ENERGY COMPANY (DTE) stock?
The dividend rating of DTE ENERGY COMPANY (DTE) is 5 / 10 and the dividend payout ratio is 61.94%.